How Long to Read Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor

How Long Does it Take to Read Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor?

It takes the average reader and 40 minutes to read Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor by Allan Dizioli

Assuming a reading speed of 250 words per minute. Learn more

Description

This paper revisits options for fiscal anchors in Australia against the backdrop of a medium-term budget balance anchor that has led to larger than expected upward drift in the net debt to GDP ratio since the end of the mining investment boom. The IMF’s G20MOD model is used to compare the budget balance anchor with a long-term debt anchor. Using model simulations evaluated against objective macro stabilization-debt control criteria under three likely scenarios for the Australian economy, the latter is found to perform at least as well as the former. The paper also considers the operationalization of a long-term debt anchor utilizing a combination of fiscal rules which includes expenditure restrictions and a flexible time horizon for convergence, aiming at encouraging countercyclical fiscal policy and minimizing the cost in terms of real GDP foregone in the medium term under fiscal consolidation.

How long is Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor?

Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor by Allan Dizioli is 40 pages long, and a total of 10,000 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 54 minutes to read Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor aloud.

What Reading Level is Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor?

Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor?

Australia’s Fiscal Framework: Revisiting Options for a Fiscal Anchor by Allan Dizioli is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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